IT Spending Growth? -- Redmond Channel Partner

With fingers crossed, IDC calls for 6 percent bump in IT spending for all of 2010.

After a robust first half of 2010, market researchers at IDC updated their IT spending forecasts for the full year:

Worldwide IT spending is forecast to increase 6 percent over 2009 levels to reach $1.51 trillion.
The forecast for hardware sales now calls for 11 percent growth, based on pent-up demand for PCs and the burgeoning smartphone market along with infrastructure upgrades.
The IDC forecast for software sales is for growth of 4 percent.
Services revenues are forecast to increase by a smaller 2 percent.
IT spending in the United States is now forecast to increase by 5 percent for all of 2010, a nice bounce from the 4 percent decline in spending in 2009.
Driving IDC's projected rebound are the BRIC nations. IDC expects growth in Brazil to be 14 percent, Russia, 17 percent, India, 13 percent and China, a whopping 21 percent.

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